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Nassim Taleb making case for deflation..flv

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Uploaded by on May 20, 2011

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  • He also puts the Federal Debt at 10 Trillion, which would be consistent with early 2009.

  • I am guessing this was recorded in early 2009 what with the talk of 'green shoots' and Taleb's statement that unemployment has doubled in the past year.

  • The FRBNY received $8;4 trillion from the auctions of T-securities last year but it is not reported as income. It was profit for the Fed. The Ponzi scheme Fed receives the value of every T-security issued by Congress. Why is this not reported to Congress as required by Title 12, section 247 for a “full report”? Ref. 3w scribd dot com message 49040689 RIP OFF BY THE FEDERAL RESERVE

  • yeahh...when was it recorded?

  • when was this recorded?

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